Academic Entrepreneurship: A Stage Based Model

Today, the Entrepreneur University, academic entrepreneurship, and the commercialization of academic research are somehow attracting attention that has put pressure on academic institutions to become entrepreneurs. Accordingly, the present study aims to design and develop a step-by-step model of university entrepreneurship. In this model there are five stages in the process of university entrepreneurship that are: motivation, governance, selection, competition, and performance. The process of entrepreneurship originates from the motivation of faculty members from universities, industries and government to commercialize science and knowledge from academic research. In this model, the governance and competitiveness stages associated with the process of commercialization of academic knowledge make the selection of the method fit and, ultimately, the implementation of academic entrepreneurship. This research has a descriptive-analytic dimension and has been done through documentary study. Findings of the research confirm that the step-by-step model of university entrepreneurship is a structured way to understand facilitator and mediator relationships that stimulate entrepreneurship mobility.